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Dec 27, 2012
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but the government is 90% of the market. if you look at firms like ours we basically do ginnie mae and nonconfirming production. we'll do maybe a couple billion dollars this year. that's a drop in the bucket. this is still completely a government market. >> i asked john this question earlier, talking about some of the regulations from dodd-frank which haven't come into effect yet. of the 200 plus that are not on the books, what's the one or two that you're looking at that you think are a game changer. >> in terms of what? >> that may ultimately change some of the derivative stuff, what you think the impact of both -- >> we've talked about this. volcker has taken a lot of liquidity out of the market just in terms of -- >> but none of this is on the books. nobody's actually -- it's not there yet. >> the behavioral changes have already come because the lawyers have told the banks you have to live with the volcker rule. they've already done it. my big fear, though, is that the conservatives are trying to winnow down fannie, fred
but the government is 90% of the market. if you look at firms like ours we basically do ginnie mae and nonconfirming production. we'll do maybe a couple billion dollars this year. that's a drop in the bucket. this is still completely a government market. >> i asked john this question earlier, talking about some of the regulations from dodd-frank which haven't come into effect yet. of the 200 plus that are not on the books, what's the one or two that you're looking at that you think are a...
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Dec 24, 2012
12/12
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that's governing from fear. as opposed to governing from leadership. and somebody else on a show one day said a lot of these republicans really believe, this is what they really, really believe in. that's great. but at some point one side or the other, and in fact both, are going to have to give a little. >> kiki, i would be -- i would think you would be sensitive to talking about leadership. i mean, when you say that, you don't hear irony? that's the -- maybe it's just the other side, the republicans talking about president obama, but, you in the last six, the last five years, have you seen a president that comes together and leads both? >> yeah. >> you have? >> have you, tony? >> i've seen a president who went out and campaigned on a certain series of things that he believed were important for the country and that he wanted to do, and he went and he pursued them. and that's leadership. >> he's pursuing them. but i think everybody's pursuing what they have to pursue. you've been listening to us for the last few months. i think we've been saying that t
that's governing from fear. as opposed to governing from leadership. and somebody else on a show one day said a lot of these republicans really believe, this is what they really, really believe in. that's great. but at some point one side or the other, and in fact both, are going to have to give a little. >> kiki, i would be -- i would think you would be sensitive to talking about leadership. i mean, when you say that, you don't hear irony? that's the -- maybe it's just the other side,...
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Dec 28, 2012
12/12
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that is not the job of the government. the government's job is to raise taxes and to lower taxes when our economy needs it. that's what the senate does. john breaux, former senator john breaux from louisiana sat on the floor during the 2001 tax bill and said our job is to raise taxes when they need to be raised and lower them when they need to be lowered. that's the senate and the house's job. >> but, one man's -- is another man's -- if you look at the laugher curve you don't know when to raise and when to lower at this point. >> president obama kept bush's taxes in for two years. >> i know. >> but suddenly, you know, democrats like you love the 98%, and you hate the 2%. it's very weird. >> tell him, joe. >> don't hate the 2%. i'm not a self-loathing hater. i don't hate the 2%. >> hey, joe, before we go, you mentioned -- you heard jimmy talking about the decider. that made me think of 4-3. but my heart and mind are with 41 and you worked for him. do you know anything? >> nothing new. we're just keeping him in our prayers.
that is not the job of the government. the government's job is to raise taxes and to lower taxes when our economy needs it. that's what the senate does. john breaux, former senator john breaux from louisiana sat on the floor during the 2001 tax bill and said our job is to raise taxes when they need to be raised and lower them when they need to be lowered. that's the senate and the house's job. >> but, one man's -- is another man's -- if you look at the laugher curve you don't know when to...
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Dec 26, 2012
12/12
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the government, easy. let's put it off. it's not their money. they don't feel the same intensity handicapping whether something should continue or not. these are things we need to grapple with. if we just have rigid ideologicallies, under no condition go over the cliff we become another aspect of the propaganda i'm so sick of that reached its crescendo at midnight november 5th. >> the way i think future generations, if i were to write an economics book, the way that fracking and horizontal drilling, we start with, you know, the notion we're running out of oil, it's going to be gone, we need the government to create the next energy industry. we will spend all this money on these renewable things. it will be great. we know how to do it, we have experts. then a disruptive market driven technology comes along that generates $2 natural gas makes all that stuff or basically puts it into the future and the money just went down the drain. a case study the way dwogovernm planning and infrastructure spending, you will get 10 cents of every dollar you spen
the government, easy. let's put it off. it's not their money. they don't feel the same intensity handicapping whether something should continue or not. these are things we need to grapple with. if we just have rigid ideologicallies, under no condition go over the cliff we become another aspect of the propaganda i'm so sick of that reached its crescendo at midnight november 5th. >> the way i think future generations, if i were to write an economics book, the way that fracking and...
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Dec 31, 2012
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that's what the government does. get government off our backs and this economy could take off. >> senator, thank you. we'll see. >> the packers. >> still? >> absolutely. >> -- through washington. >> that's what i'm saying. i was rooting for the redskins last night. that was a fun game to watch. >> becky, did you notice, where did we get -- took us that long to find a song called rise above? did you hear that song. >> we did hear that at the beginning. i was talking about spider-man, they sing it through spider-man on broadway. that was a different version. >> can we commission that song? or did that exist in senate? >> it's actually me singing the backup. no! >> i wondered because it sounded like sorkin was the reggae thing. weren't you just in jamaica? >> i was in jamaica. we recorded that while we were down there. >> this is where we come together. we're not allowed to play any beatles stuff. >> we're not? >> no. ixnay on the beatles. >> now i have the kangaroo song stuck in my head. >> why did i think of that? but
that's what the government does. get government off our backs and this economy could take off. >> senator, thank you. we'll see. >> the packers. >> still? >> absolutely. >> -- through washington. >> that's what i'm saying. i was rooting for the redskins last night. that was a fun game to watch. >> becky, did you notice, where did we get -- took us that long to find a song called rise above? did you hear that song. >> we did hear that at the...